The notes are supported by 527 newly originated loans that have a balance of $272.4 million; 69.4% of the loans in the pool are designated as Non-QM,
Tagged: Fitch Ratings
Of the loans in the pool of 673 loans with a balance of approximately $357.4 million, 54.5% are designated as Non-QM.
The OBX 2022-NQM5 Trust notes are supported by 747 loans totaling $390.8M.
Residential mortgage-backed notes supported by 573 loans with a total interest-bearing balance of $270 milllion.
Certificates are supported by 909 loans originated by A&D Mortgage with a balance of approximately $392.11 million.
The certificates are supported by 747 loans with a balance of $394.59 million; of the loans, 66.4% are designated as Non-QM.
With a balance of $346.1 million, the New Residential Mortgage Loan Trust notes are secured mainly by Non-QM loans.
The residential mortgage-backed certificates are supported by 525 nonprime residential mortgages, with a total balance of approximately $331 million.
Certificates Package Totals $478.34M, Includes No Non-QM Loans
Certificates Supported With A Balance of $317M; Nearly 80& In Non-QM Loans